Despite hopes of a new dawn for Iran's economy after nuclear-related sanctions were lifted, major Western banks are reluctant to do business with the Islamic republic for fear of US retribution.

A global oil glut that has hurt producers but means cheaper pump prices look set to go on at least six months longer than previously thought, the IEA said Tuesday, sending world oil prices slumping.

An EU trade deal with Morocco was wrongly quashed and the decision should be overturned, a lawyer to the bloc's top court said Tuesday about a case which soured ties between Brussels and Rabat.

The killing of four children by their poverty-stricken mother -- who then committed suicide, followed by her husband -- sparked online outrage and debate in China Tuesday over the gap between rich and poor.

The head of the International Monetary Fund Christine Lagarde on Tuesday said politicians who campaigned on promises of protectionism and economic barriers were a threat to global trade.

Samsung Electronics will sell its printer business to U.S. computer maker HP, the companies said Monday, as the South Korean giant accelerates restructuring efforts amid a generational power transfer in the founding Lee family. 

Oil prices dived again Monday on a pick-up in drilling and a strong dollar, as speculation swirled that the Federal Reserve could hike interest rates as soon as this month.

OPEC said Monday that oil production by countries outside the exporters' cartel was now expected to rise in 2017, revising its previous expectations of a drop.

Greece's creditors on Monday resumed an audit of the stricken country's finances, a day after Prime Minister Alexis Tsipras said an EU-IMF rift was delaying progress.

Russian shopper Inna swipes her hand in a dismissive gesture as she waits in her car for a Polish border guard to check the visa stamped in her passport.